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fiscal cliff with only two hours toogo.. "we can dd thiss we must do thh" this." the status of a tenative deal designed to avoid drastic tax hikes and spending cuts. year.we'll ake you o the celebbatioins in timmsssquare and the inner h. harbor.a cloudy and rearyy ay &pto starttthe new year. why we much ii my skywatchhforecast. and he ravenn push foo the playoofs.why their first game will also be a reunion. fiist tonight...breaaiig news from waahington d-c...america cliff at midnight...issal - deal has aaparentty beee reached &preachedthe eal was worked ou mcconnell - the minority ch leader......and vice president ago......biden met with senate details......and the senate may vote on tte deal within sides were frustrrted thattthe deal took so long thune says: "i just find it wrrng their hands and talk pbout gee whiz, i hope we can &plast day, as we puu two peopl together basically to esolve t" this."yarmuth says::"the american people are looking att congress with disdain and rightfully ss. with the deadline of the fisccl cliff only hours away, we failed to to move
fiscal cliff with only two hours toogo.. "we can dd thiss we must do thh" this." the status of a tenative deal designed to avoid drastic tax hikes and spending cuts. year.we'll ake you o the celebbatioins in timmsssquare and the inner h. harbor.a cloudy and rearyy ay &pto starttthe new year. why we much ii my skywatchhforecast. and he ravenn push foo the playoofs.why their first game will also be a reunion. fiist tonight...breaaiig news from waahington d-c...america cliff at...
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two hours later, america went off the fiscal cliff. vice president biden came to the capitol. mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. we all knew that if we did nothing that would be going up on everyone. >> the senate voted to reverse % ofy's tax hikes on 98 americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. that broke 20 years of opposition to tax hikes. >> republicans said they would never agree to raise tax rates on the wealthiest americans. >> only five senate republicans voted no. >> middle-class families will wake up to the assurance that their taxes will not go up $2,200 each. >> not so fast. house speaker and his members might not go along. john boehner sent house members home to celebrate the new year without a vote. >> this is disgusting. everybody involved should be embarrassed. >> the economy could still take a hit. the house takes up whether to follow the senate's lead and hike taxes on the wealthy. steve handelsman, nbc news. >> the first
two hours later, america went off the fiscal cliff. vice president biden came to the capitol. mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. we all knew that if we did nothing that would be going up on everyone. >> the senate voted to reverse % ofy's tax hikes on 98 americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. that broke 20 years of opposition to tax hikes....
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Dec 31, 2012
12/12
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capitol hill stall in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for just about everyone and big spending cuts. senator claire mccaskill says a make or break deal comes down to a few lawmakers on the topic of raising taxes for the wealthy. >> it remains to be seen whether the republicans being driven by a very extreme group of house members will allow our economy to hurt because of their sdrir to protect moulty millionaires in this country. that's what it's going to boil down to. republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal that john boehner can accept, it will be passed in a bipt manner with a very strong majority. if on the other hand he's neutral and not favorable, his chances will be a lot slimmer. >> lisa desjardins following the news on capitol hill. do you have any good news for us, lisa?
capitol hill stall in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for just about everyone and big spending cuts. senator claire mccaskill says a make or break deal comes down to a few lawmakers on the topic of raising taxes for the wealthy. >> it remains to be seen whether the republicans being driven by a very extreme group of house members will allow our economy to hurt because of their sdrir to protect...
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. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ >> 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i
. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >>...
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we have less than 30 hours before we head over the fiscal cliff. tax hikes will kick in and other measures that won't be good for your paychecks and your wallet. we'll continue to follow that. we have our staff, correspondents, up on capitol hill following the latest. in the meantime, let's get back to our hillary clinton story. jessica yellin has traveled a lot with the former first lady and secretary of state. jess, we talked about her grueling schedule again. we're working with very limited information. we know she's being treated and what she's being treated with. we don't know exactly where this clot is. >> we don't. i do get the sense from people who are close to her that they feel she's going to be okay. but, of course, there's a lot of, you know, upset and concern because it's been some two weeks now that this woman who is constantly on the go has had such a bad case of first the flu and then a concussion and now this that she's had to be completely grounded. that's what just stuns the people around her. usually she's the one telling them t
we have less than 30 hours before we head over the fiscal cliff. tax hikes will kick in and other measures that won't be good for your paychecks and your wallet. we'll continue to follow that. we have our staff, correspondents, up on capitol hill following the latest. in the meantime, let's get back to our hillary clinton story. jessica yellin has traveled a lot with the former first lady and secretary of state. jess, we talked about her grueling schedule again. we're working with very limited...
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just less than two days to go until we go over the fiscal cliff and we are hours away from the redskins-cowboys game for the nfc east title. >>> good morning. i'm melanie alnwick. we are all over both stories. we will have a live interview on the latest on the fiscal cliff negotiations and hear from the big skins players this evening. what will the weather be like at kickoff? we have run the gamut when it comes to mother nature in recent days. many parts of our regions saw snow as well as snow and slush made it difficult on some of the roads. fast forward and here's how things are looking out right now. much of the snow and slush gone but it is windy and cold out there. gwen tolbart has the latest on the weather. [ no audio ] [ no audio ] >> can you hear me? where we've got the satellite radar composite and you can see where all the snow has moved off to the northeast and headed to the canadian maritime. here at home, things are different. clouds rolling in across the area but we will see clear skies into the course of tonight. not bad with a few clouds hanging around. here's a look at current
just less than two days to go until we go over the fiscal cliff and we are hours away from the redskins-cowboys game for the nfc east title. >>> good morning. i'm melanie alnwick. we are all over both stories. we will have a live interview on the latest on the fiscal cliff negotiations and hear from the big skins players this evening. what will the weather be like at kickoff? we have run the gamut when it comes to mother nature in recent days. many parts of our regions saw snow as well...
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Jan 1, 2013
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. >> and a senate approved measure to avert the fiscal cliff. the latest from the hill at the bottom of the hour. irene, drop the itch. we dropped the itch, you can too. with maximum strength scalpicin®. it's not a shampoo so you can stop intense itch fast, wherever you are. i dropped the itch. free yourself from embarrassing scalp itch. drop the itch with maximum strength scalpicin®. also available scalpicin® 2 in 1, itch relief plus dandruff control. >>> this is fox 5 news at 5:00. >> the latest now on the vote to avoid the drastic spending cuts and increase income taxes. house majority leader and erik canter says he does not support the bill currently up for considerations. there aren't enough spending cuts in the bill. they are suggesting amendments which would send the bill back to the senate. the bill would keep taxes from going up on the middle class but raise rates for those making $400,000. $450,000 for married couples. block spending cuts for two months. extend unemployment benefits and prevent a spike. we're joined now by peter fen
. >> and a senate approved measure to avert the fiscal cliff. the latest from the hill at the bottom of the hour. irene, drop the itch. we dropped the itch, you can too. with maximum strength scalpicin®. it's not a shampoo so you can stop intense itch fast, wherever you are. i dropped the itch. free yourself from embarrassing scalp itch. drop the itch with maximum strength scalpicin®. also available scalpicin® 2 in 1, itch relief plus dandruff control. >>> this is fox 5 news...
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good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of the senate republican leadership, senator john thune, who just came out of the senate republican meet egg. senator, can you tell us where do things stand as far as republicans feel? >> well, look, republicans advanced a proposal last night. you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could
good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of...
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in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white hou
in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just...
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the fiscal cliff negotiations. now vice president joe biden, he is heading to the hill for talks with the house democrats. this is a critical moment for the country. talking about 12 hours after the deadline for the government action has passed. the senate okayed a deal wee hours of the morning, prevent middle class income taxes from going up but raise rates on income of more than $400,000 a year for individuals, more than $450,000 for couples. now, unemployment benefits for 2 million americans would be extended for a year. what it does not address is the spending cuts. lawmakers plan to revisit the difficult issue. that is delayed two months from now. going to bring you all angles of the story here. of course following this, every single move. dana bash on capitol hill, jessica yellin at the white house, christine romans live from new york and alison kosik in new york, hearing from folks in a diner. dana, you were up really late into the night, early into the morning here, there is more business to be done and we
the fiscal cliff negotiations. now vice president joe biden, he is heading to the hill for talks with the house democrats. this is a critical moment for the country. talking about 12 hours after the deadline for the government action has passed. the senate okayed a deal wee hours of the morning, prevent middle class income taxes from going up but raise rates on income of more than $400,000 a year for individuals, more than $450,000 for couples. now, unemployment benefits for 2 million americans...
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and seven hours till the united states formally goes over that fiscal cliff. a still combative president obama says an agreement is in sight and the senate leader mitch mcconnell says it's close as well. house republicans have decided they will not vote until after taxes have already gone up. they're supposed to go up after midnight. we have complete coverage of this breaking news story as well. let's begin this hour with our senior congressional correspondent dana bash. as we've been saying, we are going over the fiscal cliff. >> reporter: technically, that is true. house has decided that there's no point, from the perspective of republicans who run the house, to stay tonight, because the plan over the past two, three days, has been for the senate, which is down the hall behind me, tore vote on any kind of deal first, and then send it to the house. the senate isn't there yet. they're very close. but close doesn't give a bill to the people who need to write it and put it on the floor for votes. so that's the reason why house republicans decided they would just
and seven hours till the united states formally goes over that fiscal cliff. a still combative president obama says an agreement is in sight and the senate leader mitch mcconnell says it's close as well. house republicans have decided they will not vote until after taxes have already gone up. they're supposed to go up after midnight. we have complete coverage of this breaking news story as well. let's begin this hour with our senior congressional correspondent dana bash. as we've been saying,...
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. >>> down to the final day. 17 hours until we go over the fiscal cliff. can the closers reach a deal in time? >>> if we go over the cliff, you will feel it right away. what happens to your paycheck, and when. i'll explain that ahead. >>> a packed two hours ahead. talking with grover norquist. he is the president of americans for tax reform. jason chaff et cetera, chris van hollen, and johnny isaacson. >> that's a stacked show. >> soledad is off. "starting point" begins right now. >>> our starting point, a health scare for secretary of state hillary clinton. doctors discovered a blood clot in a followup exam related to her concussion. the location of the clot has not yet been disclosed, but clinton treated with antikanticoagulant. jill dougherty, live in our washington bureau. what are you hearing? >> not a lot. since that statement sunday night, sanjay. they are really saying -- as you said, they are monitoring, and here is the statement so you can listen to exactly what they said. that her doctors are going to continue to assess her condition, including
. >>> down to the final day. 17 hours until we go over the fiscal cliff. can the closers reach a deal in time? >>> if we go over the cliff, you will feel it right away. what happens to your paycheck, and when. i'll explain that ahead. >>> a packed two hours ahead. talking with grover norquist. he is the president of americans for tax reform. jason chaff et cetera, chris van hollen, and johnny isaacson. >> that's a stacked show. >> soledad is off....
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they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the markets? it's going to be up or down dramatically which makes it challenging
they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at...
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hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good morning. i'm suzanne malveaux sitting in for carol costello. this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington.
hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just...
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hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of optimism in the race to avoid the fiscal cliff. hello, everybody, i'm uma pemmaraju in for jenna lee today. jon: good to have you here. optimism is always a good thing in washington. that is in short supply. ringing in 2013 at midnight tonight could mean ringing in more than half a trillion dollars in tax hikes and a hundred billion dollars worth of spending cuts from defense and other key domestic programs, that is if no deal is reached in time to avert it. both the house and senate with rare new year's eve sessions today as they try to hammer out some sort
hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of...
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us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll takes what what we are seeing now this is no surprise, push comes to shove, at this stage, doesn't the commander in chief, just won his last election, not beholden to so many, has to step forward and offer
us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal....
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just hours to go in the fiscal cliff is in sight. >> i can report that we have reached a deal on all the tax issues. >> the agreement looks like this. taxes will go up on folks earning more than $250,000 a year. tax credits for college tuition, clean energy and for those with children would be extended as well. >> it is not done. >> there are still some things to be resolved before it can bring legislation to the floor. >> in an afternoon briefing, president obama said he will not accept the deal that slashes spending without raising taxes, too. >> if they think that is going to be the formula for how we solve this thing, that is not how it is going to work. >> republicans reacted this way. >> i know the president has done heckling congress. i think he lost probably numbers of boats. >> he laughs and jokes and ridiculed republicans. >> both sides still have to sell any deal to their rank and file, and some democrats were not pleased. the senate may or may not vote on this tonight, but the house is adjourning and would vote on this tomorrow at the earliest. so technically, at least, t
just hours to go in the fiscal cliff is in sight. >> i can report that we have reached a deal on all the tax issues. >> the agreement looks like this. taxes will go up on folks earning more than $250,000 a year. tax credits for college tuition, clean energy and for those with children would be extended as well. >> it is not done. >> there are still some things to be resolved before it can bring legislation to the floor. >> in an afternoon briefing, president obama...
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with the deadline of the fiscal cliff only hours away. we failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> a lot of people feeling like in both the house and the senate this process could have been handled much better a long time ago with open hearings rather than having two people negotiate this deal at the last minute, trace. mike emanuel back to us on capitol hill. any updates as they come in. thank you. on this day in 1938, police tested the world's first
with the deadline of the fiscal cliff only hours away. we failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> a lot of people feeling like in both the house and the senate this process could have been handled much better a long time ago with open hearings rather than having two people negotiate this deal at the last minute, trace. mike emanuel back to us on capitol hill. any updates as they come in. thank you. on this...
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do you have any plans for fiscal cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading days remain for lawmakers to reach a deal and avoid going over the cliff. will they rise above and what happens to the markets if they don't? first our top story, shopped out. new data showing holiday sales grew at the slowest pace in four years. what does it all say about the health of the nation's retailers and the money you have in their stock? our traders for the hour are peat and john negarian and steven weiss. pete, begin with you, 16 of the 17 worst performers in the s&p today are retailers. >> understandably so. the expectations were so high. a lot of the analysts were looking for a bum
do you have any plans for fiscal cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading...
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those 11th hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3400. as congress convened, even the senate chaplain praying to avoid what the president called self-inflicted wounds. let's bring in jon carl. the source has told you the vice president has been called in on this. >> reporter: that's right. i'm told the vice president is now playing a direct role in these negotiations, trying to get to a deal, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night imemployering congressional leaders to take action immediately. >> the american people are not going to have any patience fora i politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mccon
those 11th hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3400. as congress convened, even the senate chaplain praying to avoid what the president called self-inflicted wounds. let's bring in jon carl. the...
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the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >> welcome to "today" on a very busy monday morning. i'm willie geist. >> and i'm erica hill. matt and savannah have the morning off. >>> we'll have the latest on secretary of state clinton's condition in a live report straight ahead. it is the last day of 2012. >> you and i are both in the same situation with young children. >>> people filing into times square in new york city. it is the world's biggest party. of course, security will be extremely tight. we'll check in on celebrations there and around the world. >> then we'll catch up with three wom
the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today"...
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. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. new year's eve. i m michelle griego. and i'm frank mallicoat. tis 6-- developing news from san francisco... ars >>> good morning. it's monday, december 31. new year's eve, i'm michelle griego. >> is it new year's eve? >> it is. >> hi, everyone. i'm frank mallicoat. it is 6:30 on the nose now. we have developing news here in san francisco. arson investigators are looking into a suspicious house fire. >> cbs 5 reporter cate caugiran is l
. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper...
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Jan 1, 2013
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the latest on the "fiscal cliff" fiasco. and we'll look more closely at one part of the budget debate that's drawn a lot of attention, the possibility of skyrocketing milk prices. >> and a new report on the benghazi disaster levels more harsh criticism of the state department. >> the california supreme court hands down one last ruling on bumper cars in 2012 next. >> and one more fireworks extravaganza before the break and this might qualify as the biggest of the year. earlier we showed you taipei 101. here's the world's tallest building, the burj khalifa that serves as the centerpiece for the fireworks in dubai. oh, my gosh, that's amazing. we're back in 2.5 minutes. ,,,,,, ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadf
the latest on the "fiscal cliff" fiasco. and we'll look more closely at one part of the budget debate that's drawn a lot of attention, the possibility of skyrocketing milk prices. >> and a new report on the benghazi disaster levels more harsh criticism of the state department. >> the california supreme court hands down one last ruling on bumper cars in 2012 next. >> and one more fireworks extravaganza before the break and this might qualify as the biggest of the...
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now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that, when faced with a mountain of debt that we were heading for, like an airplane, did we climb over it? no. what we're going to do in the present plan is put nearly another trillion dollars worth of debt on the american people. >> well, joining us now from capitol hill, representative peter welsh, democrat of vermont. we see some democrats moving to the podium. they are also scheduled to speak. congressman welsh, we don't want to interrupt you. so nancy pelosi stepping to the podium. let's take a quick listen. >> well, we just finished a standing room onl
now it is up to the house to stop the fiscal cliff. that's $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote by the house is not yet scheduled. a multiple representative took to the store today floor today vote would be no. >> i wish i could say this was a proud moment, a moment in which we started the year off right, in which the first of january was the first of great many good things. it isn't. we're kicking the can down the road. and worse than that,...
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negotiations on capitol hill stalled in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for everyone and big spending cuts. a make or break deal may come down to just a few lawmakers. >> it remains to be seen whether the republicans being driven by an extreme group of house members will allow our economy to hurt because of their desire to protect multimillionaires in this country. and i think that's what's going to boil down to. >> any plan
negotiations on capitol hill stalled in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for everyone and big spending cuts. a make or break deal may come down to just a few lawmakers. >> it remains to be seen whether the republicans being driven by an extreme group of house members will allow our economy to hurt because of their desire to protect multimillionaires in this country. and i think that's what's going...
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cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean.
cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us....
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there are just two days left before we go over the fiscal cliff, barring an 11th hour deal. joining us now former senate and governor from new hampshire judd gregg now an adviser to goldman sachs international. and julian epstein, democratic strategist with law media group. judd, now that you're a goldman sachs man, i assume that goldman sachs people call you and say what's going to happen? what do we tell our clients who are asking us what to do and how to play this? and you tell them what? >> well a few people occasionally call me. andrew it's gregg judd if you want to get the name right. >> what did i say? >> you said judd gregg. >> he's one of the judds. >> it is judd gregg. >> thank you. >> he's totally -- >> yanking both of your -- >> i've been having such a hard morning i believed you for about a second. >> you've got to say it's epstein like frankenstein. >> i'm good with whatever you're good with. >> my view has been all along that these folks are going to reach an agreement. unfortunately it doesn't look that way right now. they do have this meeting and i think if
there are just two days left before we go over the fiscal cliff, barring an 11th hour deal. joining us now former senate and governor from new hampshire judd gregg now an adviser to goldman sachs international. and julian epstein, democratic strategist with law media group. judd, now that you're a goldman sachs man, i assume that goldman sachs people call you and say what's going to happen? what do we tell our clients who are asking us what to do and how to play this? and you tell them what?...
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we are inside 30 hours from when we all go over the so-called fiscal cliff. if our elected leaders cannot fix the mess they set into motion. they are hoping for we understand a little divine intervention. >> oo have mercy upon us as we gather with so much work left undone. >> they have tried everything else. now praying for a solution to keep americans from feeling the impending higher taxes and deep spending cuts. the senate opening a sunday session with its chaplain. >> look and save us from self-inflicted wounds. >> our coverage continues as lawmakers are still at it. tonight. new video of a plane crash that appeared to leave no survivors the death tole rising. now we see this huge airliner crack into pieces. the latest on what happens here as investigators point to some equipment on boyered. >> al -- on board. >> also feeling the fight of winter weather again. northeast taking the brunt of a new system as many of you head this way to bring in the new year your travel forecast. >>> it has all come down to this again. crunch time in our nation's capital. th
we are inside 30 hours from when we all go over the so-called fiscal cliff. if our elected leaders cannot fix the mess they set into motion. they are hoping for we understand a little divine intervention. >> oo have mercy upon us as we gather with so much work left undone. >> they have tried everything else. now praying for a solution to keep americans from feeling the impending higher taxes and deep spending cuts. the senate opening a sunday session with its chaplain. >> look...
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. >>> now to the latest on the fiscal cliff. just a matter of hours until we officially go over the edge. still no deal in sight. lawmakers scrambling this morning to put together an 11th-hour compromise or we'll be ringing in higher taxes along with the new year. jonathan karl is in washington. good morning, jon. >> reporter: good morning, dan. with taxes set to go up at the stroke of midnight. talks went late into the night and will continue this morning. as washington teeters on the edge of the fiscal cliff, there is still no deal. as talks continued overnight, a voice of frustration erupted on the senate floor. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> reporter: the republican and democratic senate leaders negotiated all weekend long. the talks hit a brick wall. harry reid saying he was unable to even counter the latest republican offer. >> at this stage, we're not able to make a counteroffer. it appears that there are things that stop us from moving for
. >>> now to the latest on the fiscal cliff. just a matter of hours until we officially go over the edge. still no deal in sight. lawmakers scrambling this morning to put together an 11th-hour compromise or we'll be ringing in higher taxes along with the new year. jonathan karl is in washington. good morning, jon. >> reporter: good morning, dan. with taxes set to go up at the stroke of midnight. talks went late into the night and will continue this morning. as washington teeters...
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Dec 30, 2012
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ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now talking about this right now with the senate gone home and congress in there working and the light is on, but few people are at home. why are we doing this? >> there is no good explanation. there's definitely no justification and no excuse for this. this is like, don, when you at the beginning of the year, when you are in school at the beginning of the year and you have been assigned a big project and you leave it to the last night. when i used to do thoo i was punished. if kids behaved the way the congresspeople were, they would be in time-out. if it were the private sector, they'd all be fired.
ali, why does it have to be a scr scramble as the fiscal cliff is approaching and why right now? what will it take to hold congress' feet to the fire finally? i mean, if it has not been held to the fire now sh, and how soo will people start feeling the pain if no deal is reached? ali, bring in both sides of the political aisle and republican strategist anna navarro and maria cardona in washington. welcome the both of you. anna, why are we here right now? why are we sitting here right now...
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every day -- you know how you count down to christmas, now we're counting down to the fiscal cliff. we'll be talking a lot about that today, including the health of former president george h.w. bush. >> candy crowley, we'll see you at the top of the hour. appreciate it. it's the end of one of the most popular comic books of all time. the amazing spider man has hit the shelves but some p controversial events have caused the comic to be in a frenzy. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> this is some of the most incredible video that we've seen in a long time. all right? if you're not looking at the video, this
every day -- you know how you count down to christmas, now we're counting down to the fiscal cliff. we'll be talking a lot about that today, including the health of former president george h.w. bush. >> candy crowley, we'll see you at the top of the hour. appreciate it. it's the end of one of the most popular comic books of all time. the amazing spider man has hit the shelves but some p controversial events have caused the comic to be in a frenzy. [ male announcer ] it's that time of year...
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Dec 26, 2012
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from facebook's ipo to the new apple boss, to the fiscal cliff. a look at the biggest money stories of the year. >>> and later this hour, the ten most intriguing people of 2012 as chosen by you. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatenin
from facebook's ipo to the new apple boss, to the fiscal cliff. a look at the biggest money stories of the year. >>> and later this hour, the ten most intriguing people of 2012 as chosen by you. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first...
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meantime just a few hours to go, still no deal on the fiscal cliff. how are the markets going to be impacted heading into the new year? head of research joining us from new york, andrew, happy new year to you. all kinds of predictions because there's this big blob of uncertainty facing us in the near term. overall, what's your sense for how the next year goes? >> our major message to clients is that we expect equities to be up between 5% and 10% next year. the first quarter probably will be a little bit choppy with fiscal policy uncertainty, but having said that, earnings will grow, china market is much better, u.s. residential housing is in good shape. so we expect stocks to be higher 12 months from thousand. >> you think the market trade is cheap cyclicals.thousand. >> you think the market trade is cheap cyclicals. explain the logic. >> it's very clear that the u.s. housing market is in much better shape, so there are industrial stocks stanley works as an example that should be growing through the year almost regardless of whether the fiscal cliff g
meantime just a few hours to go, still no deal on the fiscal cliff. how are the markets going to be impacted heading into the new year? head of research joining us from new york, andrew, happy new year to you. all kinds of predictions because there's this big blob of uncertainty facing us in the near term. overall, what's your sense for how the next year goes? >> our major message to clients is that we expect equities to be up between 5% and 10% next year. the first quarter probably will...
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. >>> as we head into the home stretch of 2012 the final hours of falling off the fiscal cliff let's bring in our power house political panel. roger stone long time veteran republican are strategist and larry elder, author of the best selling book dear father and dear son. two lives eight hours. welcome and i'm going to say roger stone, should the republican ares support this bill as we know it now? i really think not larry, i think what you are seeing washington at it's worst. republicans in the senate cooling their heels where three guys are behind closed doors where they can tinker around the edges in a system that needs pro growth strategies. instead we are going to get a band-aid? no. i don't think the results will be as good as everybody thinks. it is time to deal you know with the entitlements. keith, listening to president obama today who was not at his new year's gracious and listening to harry reid who is effe effectual in everything he does, do you think the democrats would rather see us go over the cliff take the revenues and know the spending cuts and that is it? more mo
. >>> as we head into the home stretch of 2012 the final hours of falling off the fiscal cliff let's bring in our power house political panel. roger stone long time veteran republican are strategist and larry elder, author of the best selling book dear father and dear son. two lives eight hours. welcome and i'm going to say roger stone, should the republican ares support this bill as we know it now? i really think not larry, i think what you are seeing washington at it's worst....
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with hours left in 2012 lawmakers do not appear close to reaching a deal to avoid the fiscal cliff we may be going ov going over. >> secretary of state hillary clinton in the hospital right now doctors discovered a blood clot. you can forget about days we are down to hours for law americas to reach a deal. >> doug luzader live from washington with the latest. doug? >> a deadline is hours away come midnight. it's not just the tax hikes that are scheduled to hit it's big cuts in government spending as well. 2013 could be off to a difficult start if there is no resolution. listen to this bleak assessment from capitol hill. >> the future of the country rests in the hands of 70 and 80-year-olds who have jet lag it's probably not the best thing. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negot
with hours left in 2012 lawmakers do not appear close to reaching a deal to avoid the fiscal cliff we may be going ov going over. >> secretary of state hillary clinton in the hospital right now doctors discovered a blood clot. you can forget about days we are down to hours for law americas to reach a deal. >> doug luzader live from washington with the latest. doug? >> a deadline is hours away come midnight. it's not just the tax hikes that are scheduled to hit it's big cuts in...
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hang on to your wallets, by the way. 18 hours to go before america goes over the fiscal cliff. final day for democrats and republicans to get a deal done. if they don't, your taxes go up at the stroke of midnight. the two sides brought in their so-called closers on sunday. vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin w
hang on to your wallets, by the way. 18 hours to go before america goes over the fiscal cliff. final day for democrats and republicans to get a deal done. if they don't, your taxes go up at the stroke of midnight. the two sides brought in their so-called closers on sunday. vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the...
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fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of ex
fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday....
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. >> just hours to go so can congress find a way around the fiscal cliff? i'm doug luzader in washington. more on that coming up. >> a new year and a new karsashian. the surprising announcement on kim and kanye with how they went public with the big news. fox 5 morning news starts right now. >> this is fox 5 morning news. >> good monday morning to you. it is december 31st , 2012 new year's eve. this is a live look outside right now. hustling and bustling the closer we get. the crowds are coming. good morning to you again. i'm wisdom martin. >> and i'm sarah simmons. let's say hello to tucker barnes barnes. the wind is out and the cold is here to stay. >> cold moved in overnight. yesterday was a chilly day. much colder overnight with temperatures in the 20s. we're now at 30 here in washington. won't be a terrible afternoon. got a lot of clouds moving in from the west. right now at reagan national i mentioned temperature below freezing. overnight low in town 29. so one of the first times this month we've been in the 20s. 25 at dulles. bwi marhsall 29 as well.
. >> just hours to go so can congress find a way around the fiscal cliff? i'm doug luzader in washington. more on that coming up. >> a new year and a new karsashian. the surprising announcement on kim and kanye with how they went public with the big news. fox 5 morning news starts right now. >> this is fox 5 morning news. >> good monday morning to you. it is december 31st , 2012 new year's eve. this is a live look outside right now. hustling and bustling the closer we...
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over to you. >>> in our next hour, more nonsense. have you heard about the fiscal cliff? we go deeper into another cliff that's more of a threat to our economy. it is the container cliff. >>> i own maria's italian kitchen. we employ 400 people. the fiscal cliff is going to impact our business, who knows how much we can spend to increase our business and expansion may not be possible. the customers are so uncertain as to how they will spend their money that eating out may be considered a luxury. it really hinders our expansion possibilities. this is not a partisan issue. this is an american issue. the american people have been on a roller coaster for the past four years. it's time for them to get on stable ground. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a d
over to you. >>> in our next hour, more nonsense. have you heard about the fiscal cliff? we go deeper into another cliff that's more of a threat to our economy. it is the container cliff. >>> i own maria's italian kitchen. we employ 400 people. the fiscal cliff is going to impact our business, who knows how much we can spend to increase our business and expansion may not be possible. the customers are so uncertain as to how they will spend their money that eating out may be...
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year and a new agreement on the fiscal cliff. >> the bill as amended is passed. >> just hours ago the senate reaches a deal to avoid major tax hikes and spending cuts after some serious back and forth on capitol hill. >> i'm interested in getting a result here. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long but we tried. >> no deal is better than a bad deal and this looks like a very bad deal. >> with the deal now headed to the house floor for a vote, will it survive? this morning, what's in this agreement and what it means for you and your taxes. happy new year, i'm john berman. soledad o'brien is off today. >> good morning i'm christine romans. >> and i'm ali velshi. it is tuesday, january 1st, a special fiscal cliff edition of "starting point" begins right now. >>> our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by v
year and a new agreement on the fiscal cliff. >> the bill as amended is passed. >> just hours ago the senate reaches a deal to avoid major tax hikes and spending cuts after some serious back and forth on capitol hill. >> i'm interested in getting a result here. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long but we tried. >> no deal is better than a bad deal and this looks like a very bad deal. >> with the deal...
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cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is right. as a former governor, we don't operate with big deficits. you can't do that and we're in trouble in this country financially. the long term and in the short term, yes, we'll have a recession. it won't be a bad one but it will be one and nobody wants a recession. in the long term i think wall street goes crazy and you will see 15,000, 17,000 in the dow because finally somebody has done something serious about the deficit. i don't believe they will if they come to an agreement. >> you know, governor re
cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is...
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Dec 28, 2012
12/12
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not just the fiscal cliff, we've been talking about dairy farmers and wind farmers facing their own cliff. the price of a gallon of milk could cost $8 next year if congress fails to renew certain agricultural programs come december 31st. that's when wind farmers will also see the federal wind production tax credit disappear, which could lead the industry at a standstill. in addition to the fiscal cliff, milk cliff, and wind farm cliff, what other cliff are you worried about these days? tweet us. we have a new handle @squawkstreet and junior responses throughout the morning. >> some people on twitter have criticized how we just called it the container cliff. saying not everything is a cliff. >> but everything is a cliff. there is a deadline. >> containers will come in tor they won't. it's binary. >> we were chatting during the break, we're not allowed to own stocks, individual names, but if there was a name you wish you'd bought in the face of bad news last year? >> jpmorgan. it seemed that everyone wanted to sell off the stock, and this would be a huge impact on jpm. it had some per
not just the fiscal cliff, we've been talking about dairy farmers and wind farmers facing their own cliff. the price of a gallon of milk could cost $8 next year if congress fails to renew certain agricultural programs come december 31st. that's when wind farmers will also see the federal wind production tax credit disappear, which could lead the industry at a standstill. in addition to the fiscal cliff, milk cliff, and wind farm cliff, what other cliff are you worried about these days? tweet...
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Jan 1, 2013
01/13
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CNNW
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year, a new agreement on the fiscal cliff. >> the bill as amended is passed. >> just hours ago, the senate reaches a deal to avoid major tax hikes and spending cuts after serious back and forth on capitol hill. >> i'm interested in getting the result here. >> i'm disappointed we weren't able to make the grand bargain as we tried to do for so long, but we tried. >> no deal is better than a bad deal and this looks like a very bad deal. >> with the deal headed to the house floor for a vote, will it survive? this morning, what's in this agreement, and what does it mean for you and your taxes. we have a packed two hours ood. maryland congressman elijah cummings, tim huelskamp and lloyd doggett. all three of them
year, a new agreement on the fiscal cliff. >> the bill as amended is passed. >> just hours ago, the senate reaches a deal to avoid major tax hikes and spending cuts after serious back and forth on capitol hill. >> i'm interested in getting the result here. >> i'm disappointed we weren't able to make the grand bargain as we tried to do for so long, but we tried. >> no deal is better than a bad deal and this looks like a very bad deal. >> with the deal headed...
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Jan 1, 2013
01/13
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FOXNEWSW
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the big story here today: real questions at this hour about whether the senate passed fiscal cliff legislation will make it out of the house in one piece. moments ago, you are looking at video of house speaker john boehner and majority leader eric cantor walking in a republican conference meeting together. a show of solidarity, perhaps, after cantor came out against the bill that passed the senate this morning. looking live outside the meeting now. tonight on "special report," g.o.p. lawmakers are suggesting they may amend that bill and send it back to the senate. we'll explain what that means when we have live reports on both sides of pennsylvania avenue. potennial market reaction to the late moves. at the white house, president obama's plane but gassed up and ready to go back to hawaii. but with no vote and no communication with boehner, what now? "special report" from washington with all the fiscal cliff latest starts at 6:00. now back to "the five." ♪ ♪ ♪ >> juan: getting redty to party. the last segment we took a look at the serious moments on "the five" this year. now let's get to
the big story here today: real questions at this hour about whether the senate passed fiscal cliff legislation will make it out of the house in one piece. moments ago, you are looking at video of house speaker john boehner and majority leader eric cantor walking in a republican conference meeting together. a show of solidarity, perhaps, after cantor came out against the bill that passed the senate this morning. looking live outside the meeting now. tonight on "special report," g.o.p....
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Dec 28, 2012
12/12
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. >> as the likelihood of going over the fiscal cliff becomes greater by the hour, what does it mean to you, the american taxpayer, and your wallet. we have broken down the most important things everyone must know if we do in fact go over the cliff. joining me is charles payne and --. >> i'm actually with brite-bart news, just to let you know. >> okay, i apologize. let's start with the basics. what does this mean for the average american if, in fact, december 31st comes and goes we go over the cliff? keri? >> first of all, it will be like a twilight zone for a lot of people in the middle class. it's almost like you will have a number of people who were trying to actually get into the upper income levels and then all of a sudden rod sterling is going to come along and say, yeah, guess what, you are rich, but you are going to lose everything. for one thing, we are going to see the -- we are going to see a number of people lose their jobs. about 3.4 million jobs are projected to be lost according to the cbo. we are also going to see the obamacare tax hikes hit us if you don't have healt
. >> as the likelihood of going over the fiscal cliff becomes greater by the hour, what does it mean to you, the american taxpayer, and your wallet. we have broken down the most important things everyone must know if we do in fact go over the cliff. joining me is charles payne and --. >> i'm actually with brite-bart news, just to let you know. >> okay, i apologize. let's start with the basics. what does this mean for the average american if, in fact, december 31st comes and...
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Dec 31, 2012
12/12
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WBAL
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in 24 hours, america goes after a bridge over the fiscal cliff. the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting
in 24 hours, america goes after a bridge over the fiscal cliff. the spending cuts and tax hikes are expected to take effect. >> the night before the fiscal cliff. the senate gave up until tomorrow. >> there is still time to reach an agreement. >> they dropped the demand to cut social security. >> i am optimistic we can live move legislation and get this averted before tomorrow. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is...
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Dec 31, 2012
12/12
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MSNBCW
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with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse. >> i was sexually abused four times by the time i was 10. >> like many of the women and young girls forced to strip or perform sex acts for money, raleigh was a good kid whose innocent childhood was suddenly cut short by sexual abuse. >> if it's continuously happening to you like it was to me, you start to feel like what are you good for, what are you here for? i sometimes used to ask myself in the mirror, why am i here? >> she started ditching school. her grades sunk. >> raleigh's mother, jean, reached her wit's end as she watched her daughter's young life go off the rails in high school
with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse....
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Dec 27, 2012
12/12
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CNBC
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over the last 42 hours or so over the fiscal cliff and only two trading days after today until we go over. dow broken below 13 thousand where it currently sits. nasdaq is getting hammered to y today. you saw apple approaching the low of 505 and not counting several days ago it dipped below 500 bucks. this was a stock at $705, that record high hit back in september. the market is falling out of bed. >> it's not rising above, sinkening beneath. like the politician. >> that's where we have play on leadership. if we're not looking to d.c. we better look to the stock market for all of you putting your hard earned money to stocks and etfs or wherever you're investing and what you're doing. the market is accelerating on the down side. >> you have to watch 1300 on s&p, another key level, through that down to the 1375, 1360 leve level. >> decline not withstanding, housing is another bright story new housing to the highest level in two years and home prices on track to mark their first yearly gain since 2006. the strongest performance since the housing bust. the latest in a string of positive
over the last 42 hours or so over the fiscal cliff and only two trading days after today until we go over. dow broken below 13 thousand where it currently sits. nasdaq is getting hammered to y today. you saw apple approaching the low of 505 and not counting several days ago it dipped below 500 bucks. this was a stock at $705, that record high hit back in september. the market is falling out of bed. >> it's not rising above, sinkening beneath. like the politician. >> that's where we...